Pennon Group Plc held its Annual General Meeting on 24th July 2024, where all resolutions were passed by the shareholders. The voting, conducted by way of a poll, saw high percentages of issued share capital in favor of each resolution. The company announced that the detailed results of the resolutions will be available for inspection on the National Storage Mechanism and posted on the company's website.
The resolutions included the adoption of the Annual Report and Accounts, declaration of a final dividend, approval of the Directors' Remuneration Report, and the election and re-election of Directors. Notably, Resolution 5 was withdrawn due to the resignation of Steve Buck. The total number of ordinary shares in issue at the meeting date was 286,039,695, excluding shares held in treasury.
The voting results showed strong support for the resolutions, with percentages ranging from 64.92% to 66.17% of share capital voted. The company also provided detailed notes regarding the voting process, including the total number of voting rights in the company as of the meeting date.
The comprehensive voting results and the high percentages of support for the resolutions indicate a positive outcome for Pennon Group Plc's Annual General Meeting, reflecting the shareholders' approval of the proposed measures and appointments.